Time magazine has selected their person of the year. Guess what, it's President-elect Barack Obama. Yeah, ironically, Ebony magazine announced their person of the year, and it's Ed Begley Jr.

Pope Francis announced that next year he is coming to the United States, or as Fox News is reporting it, 'Obama lets in yet another guy from South America.'

Fidel Castro declared that a robot would do a better job as president than Barack Obama. After hearing this, Mitt Romney thanked Castro for his endorsement.

The Enron scandal continues. The U.S. Senate has announced they are going to subpoena Ken Lay and make him testify. Apparently Lay received the subpoena this morning and then, out of habit, immediately shredded it.

Yesterday, the Pentagon warned U.S. reporters that they should get out of Baghdad as soon as possible because the U.S. could attack at any time. Then the Pentagon added, 'Whatever you do, don't tell Geraldo.'

Today, possible presidential candidate Donald Trump released his birth certificate. It lists his eyes as blue and his hair as ridiculous.

I told graduates to not be afraid to fail, and I still believe that. But today I tell you that whether you fear it or not, disappointment will come. The beauty is that through disappointment you can gain clarity, and with clarity comes conviction and true originality.